The Motley Fool Discussion Boards
Investing/Strategies / Bonds & Fixed Income Investments
|Subject: Re: OT: Man in the White Suit||Date: 2/11/2009 7:02 PM|
|Author: richinaz||Number: 25942 of 35227|
Still, developing countries are major markets for future growth--if only we made something they wanted.
We do...it is called jobs :)
On the one hand, we are losing a lot of jobs to other countries, although we do get some jobs in exchange, just not high paying or desirable jobs. If it wasn't for other countries producing lower cost products, such as electronics, there would be less stores such as Best Buy around. Apple would be selling fewer ipods if it wasn't for manufacturing a lot of the product out of the US.
Unfortunately I wonder the same thing about jobs in the long term. Just don't know where good, solid jobs, and careers will come from. I've been lucky and somewhat isolated from much of the upheaval by working in jobs requiring security clearances which they haven't found a way to out source, yet.
Many people point to the need for more employees in the medical field but, while necessary, patients still have to pay the bills and need a job to pay them.
In some ways you wonder if a country is like a company. It grows, gets more efficient, then gets to a size where further growth is difficult and often downsizes, goes out of business or just meanders.
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|